Sir,
Let me clarify that company given monthly award to employee' s to whom who given creative ideas in production and quality related task.
Seciton 194r is applicable on award given to employee in foll differant catagories-
1) Total Rewards are more than Rs.20000/ to each employee in each month?
2) Total Rewards are more than Rs.20000/- to each employee in 2 to 3 months?
3) Total Rewards in each month is less than Rs.20000/-?
4) Limit of Rs.20000/- is includes awards given to employee in April to June 22?? individual employee and/or in totality??
thanks in advance for prompt reply.
Regards,
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194R applicability on monthly Awards given to employee